2425 Melinda Ct NEAtlantaGA30345
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Atlanta at 2425 Melinda Ct NE, Atlanta, GA, 30345 generates $3,355/mo in rent and, after a $2,619/mo payment, leaves $98/mo in cash flow. Total monthly income is $3,355/mo, and annual cash flow is $1,182/yr on $176,015 invested. Return on cash invested sits at 20.73% in year one, and rental yield is 7.53% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 107.09% and total cumulative return in cash sums $188,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,355/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30345, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 5,431 (49.1%) |
| Renter Occupied HU | 4,952 (44.8%) |
| Vacant Housing Units | 673 ( 6.1%) |
| Median Home Value | $502,654 |
| Average Home Value | $569,589 |
Housing Distribution
Address Breakdown
Residential
11,107
Single Family
7,888
Multi-Family
3,219
Businesses
981
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